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Arcade-orientated new business - it's happening BUT NEED NAMES. Probably ;)

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Malenko:


--- Quote from: drawfull on January 08, 2009, 01:21:55 pm ---so, I would expect to incorporate food somehow. But without the legal minefield.

--- End quote ---

sounds like vending machines to me.

drawfull:


--- Quote from: Malenko on January 08, 2009, 01:32:35 pm ---
--- Quote from: drawfull on January 08, 2009, 01:21:55 pm ---so, I would expect to incorporate food somehow. But without the legal minefield.

--- End quote ---

sounds like vending machines to me.

--- End quote ---

I meant concessions. We don't have a BK here or a Pizza Hut. But whilst a small BK franchise could be doable, to do it properly or a PH is beyond my means. Plus it pays a proportion of any rent I'm liable for.

I expect that Namco's in London has a similar deal going with McDs, but I'm guessing  :dunno

CathalDublin:

Am thinking of doing something like this myself
I'd be thinking along the lines of games/swap shop/internet cafe with a few cabinets hidden in the corner with some classic money makers like street fighter, bubble bobble, tekken, puzzle bobble, etc
or 4 to 6 pool tables with a few machines 2 or 3


Turnarcades:

Whereabouts in the UK are you? I've been putting some ideas down for a couple of years now but am still looking for that killer angle too. I have been thinking of opening an arcade but not in the same 'coin-per-play' sense we used to as kids. PM me for some more info.

SavannahLion:


--- Quote from: drawfull on January 08, 2009, 01:21:55 pm ---There is a slight catch 22 with your suggestions I think Savannahlion - in order to cater for every type of gamer (console, pc, 'cade etc) one would require larger premises. Larger premises tend to be available bang smack in the centre  of town commanding premium rents (IE more risk, even though theoretically if it works in a garage it works in a stadium assuming infinite population) or in the middle of nowhere. We do nowhere really well here.
--- End quote ---

Yeah, some of the biggest places like Pump It Up and California Family Fitness are in warehouse zones. Pump It Up is out by the casino and not much else. CFF is a hard to find place behind a wall of residential houses. Not exactly conducive to enticing new customers.

Incredible John's is actually in a light industrial area, auto dealership, Home Depot, so on.

In any case. What about alleyway places? The City of Sacramento is apparently trying to start this program to develop the alleys into walking shops. Right now, the alleys are usually too narrow for any auto traffic, they're filled with bums, and smell like piss. So the city is trying to entice shops into the spaces and get them cleaned up for the tourists. Many of the places in there can't even afford advertising so everything is by word of mouth. The places are starting to grab attention. Maybe there's some place in the U.K. trying to do something similar?

Is the real estate market collapsing in the U.K. like it is here? There's a few places on the market even going so far as full blown auctions just to get them sold. Most of the places really need work, by my calculations on some of the more interesting places the cost of renovation would match or exceed the cost of the place if it was sold in a good market. Basically a buy and hold strategy. Not a really a good deal unless you're a skilled DIY that can pull the renovation off in a reasonable amount of time then start pulling in income.

Ultimately, I think you shouldn't look at it as an arcade orientated business with something added. You should look at what kind of business you can open where you can add an arcade.

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